Pendle PT has been officially launched as collateral on Aave Core Market, with approximately $162.2 million already deposited

BlockBeats News: On May 1st, according to official sources, Pendle PT was officially launched as collateral on Aave Core Market, with a subscription limit of $150 million sold out within hours of its launch. At present, the limit has been increased to 250 million US dollars, and approximately 162.2 million US dollars of Pendle PT collateral has been deposited, accounting for 65% of the total limit. Pendle PT is becoming a high-quality collateral in various lending markets while providing secure and stable fixed income.